Illinois Proposes Delaying 0.2% Crypto Tax by 6 Months to July 2027

Odaily News: Illinois state government officials and crypto industry representatives have reached an agreement to delay the implementation of the 0.2% crypto tax by 6 months to July 1, 2027, pending approval by a judge.

The Digital Chamber and the Illinois Blockchain Association participated in the negotiations to allow court proceedings on related legal disputes to continue as the tax's implementation date approaches. (CoinDesk)